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RAYMOND LTD. DRESSED IN ITS BEST

Dalal Street Investment Journal

|

September 25, 2023

With festivals, wedding and other celebratory occasions returning to the pre-pandemic levels, there is a surge in the demand for ethnic and modern wear which places Raymond in its best space possible. What is also helping the company grow is its emphasis on launching new products and brands

RAYMOND LTD. DRESSED IN ITS BEST

Raymond, one of India’s largest integrated worsted suiting manufacturers, provides comprehensive solutions for fabric and garmenting. The company is renowned for its commitment to quality, innovation and market leadership. Raymond’s brand portfolio includes well-known names like ‘Raymond Ready to Wear’, ‘Park Avenue’, ‘ColorPlus’, ‘Parx’, ‘Raymond Made to Measure’, and ‘Ethnix by Raymond’. With an extensive retail network comprising approximately 1,400 stores in over 600 towns, Raymond holds a significant presence in the Indian market.

Additionally, the company has diversified into the engineering sector, focusing on precision-engineered products for both national and international markets. Raymond has also ventured into the real estate sector with several projects. Their maiden project, Ten X Habitat, spans 14 acres and accommodates around 3,100 residential units. Following this, they launched ‘The Address by GS’, a premium residential project featuring approximately 550 residential units. In February 2023, Raymond introduced its third project, Ten X Era, comprising around 900 residential units. More recently, they unveiled ‘The Address by GS 2.0’, a premium residential project offering 440 residential units.

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